Dell announced on Monday that it will cut about 6.650 employees, totaling 5% of its staff, due to a moment of falling sales in the computing market and fears of recession in the US.

The company had already implemented cost-cutting measures, such as a hiring break and also travel limits, trying to deal with the post-pandemic collapse in computer sales.

However, all these changes “were not enough”, according to Jeff Clarker, co-chief executive, in one of the memos to employees. 

IBM announces it will lay off nearly 4 employees 

“What we do know is that market conditions continue to deteriorate into an uncertain future,” Clarke said. Dell expects to account for layoff-related costs in the fiscal fourth quarter, which ended in January. 

"It was only a matter of time before the wave of layoffs in the technology sector reached Dell, given the company's sensitivity to consumer and business confidence," says Hargreaves Lansdown analyst Susannah Streeter.

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